Addressing the supply chain’s underinsurance crisis

With more than 60% of freight under- or uninsured, the underinsurance crisis is a symptom of the fact that traditional insurance processes cannot adequately protect stakeholders in the demanding environment of the modern supply chain. 

Traditional insurance policies are designed for enterprise accounts; inherently cumbersome, inaccurate and one dimensional, they are often unfit to serve small and mid-sized businesses (SMBs) and meet their unique needs. 

Johnny McCord, CEO and founder of Loadsure,...

https://www.freightwaves.com/news/addressing-the-supply-chains-underinsurance-crisis

Democratizing Access to Enterprise-Level Risk Management

The value proposition of risk management strategies for major enterprises makes sense at large scales, but most privately-owned businesses – particularly those in the freight industry – simply cannot absorb the time or cost of the work to implement them, nor the one-size-fits all insurance policies that are traditionally offered. 

As a result, SMEs are priced out of essential bottom-line protectors and exposed to unnecessary risk, which explains the disturbing statistic that more than 60% of...

https://www.freightwaves.com/news/democratizing-access-to-enterprise-level-risk-management

FreightTech Friday: Loadsure takes insurtech solution to Europe

On Monday, London-based insurtech provider Loadsure announced it is massively expanding its presence in Europe, offering its freight insurance and risk management solutions to Germany, France, Denmark, Norway, Finland, Sweden and the Benelux region — Belgium, the Netherlands and Luxembourg.

The company also announced its new hire, Ben Brough, will lead the international team as the director of Europe, bringing almost three decades of underwriting and insurance experience. His focus will be...

https://www.freightwaves.com/news/freighttech-friday-loadsure-takes-insurtech-solution-to-europe

MyCarrier, Loadsure partner to reduce LTL claims process from weeks to hours

Since launching in 2017, less-than-truckload booking platform MyCarrier has focused on automating the inefficiencies of the industry to benefit both its elite carriers and shippers.

On Tuesday, the company announced its next operational win — dynamic, on-demand insurance in partnership with insurtech provider Loadsure.

“We wanted to find a best-in-class provider that can supply that service and risk mitigation for our shippers. Even for our small to mid-market shipper, a single loss can be...

Small Fleet Summit: Cargo theft prevention plans key to protecting high-value loads

FreightWaves' Small Fleet and Owner-Operator Summit

This fireside chat is from FreightWaves’ Small Fleet & Owner-Operator Summit on Wednesday.

FIRESIDE CHAT TOPIC: Prepare for the worst: Preventing cargo theft and increasing your chance of a successful cargo claim

DETAILS: Small fleets must be proactive and develop a risk management plan to prevent cargo theft, including mapping out safe truck parking and fueling routes, Adam Wingfield told Johnny McCord, CEO and founder of Loadsure, at FreightWaves’ Small Fleet & Owner-Operator Summit on...

https://www.freightwaves.com/news/small-fleet-summit-cargo-theft-prevention-plans-key-to-protecting-high-value-loads

Trucker Tools adds Loadsure cargo insurance to app

Having surpassed 1 million downloads of its app earlier this year, Trucker Tools is not resting on its laurels. The provider of tools to improve visibility, trip planning and freight matching is now adding one-click cargo insurance coverage.

Trucker Tools is now offering its customers load-specific cargo insurance through Loadsure. Truckers can now access cargo insurance from Loadsure through the Trucker Tools mobile driver app.

“We continually listen to our key constituents – independent...

https://s29755.pcdn.co/news/trucker-tools-adds-loadsure-cargo-insurance-to-app

Transship looks to automate global reefer maritime shipping

Transship looks to automate global reefer maritime shipping (Photo: Jim Allen/FreightWaves)

At the heart of the logistics industry’s digitalization efforts is the idea of improving visibility into end-to-end product movement within the supply chain. Greater transparency into operations allows stakeholders to take stock of their situation and more effectively partner with associated companies to improve efficiency. 

Automated freight forwarder Transship has partnered with digital cargo insurance company Loadsure to provide its broker customers options for pay-as-you-go, wraparound...

https://s29755.pcdn.co/news/transship-looks-to-automate-global-reefer-maritime-shipping

Transship integrates Loadsure digital cargo insurance for comprehensive, automated freight forwarding offering

Leveraging Loadsure’s sophisticated API, Transship broker-customers are empowered to manage and protect global shipments of perishable goods in just minutes, rather than hours—or even days
LONDON – July 7, 2020 – Loadsure today announced its partnership with automated freight forwarding platform, Transship—a partnership that brings Loadsure’s market-leading, fully digital cargo insurance solution to the international stage. In just moments, international freight brokers can now protect their...

https://theloadstar.com/transship-integrates-loadsure-digital-cargo-insurance-for-comprehensive-automated-freight-forwarding-offering/

Loadsure, Transship partner for one-stop shipping

Loadsure on Thursday announced its partnership with Transship to enable international freight brokers to quickly obtain pay-as-you-go, wraparound cargo insurance.

Loadsure said that within moments, freight brokers will be able to protect perishable goods through the Transship platform and also accelerate claims processing from days or weeks to just minutes.

“We see real synergy in this partnership,” said Loadsure founder and CEO Johnny McCord. “We’re both harnessing automation to drive obsolete,...

https://www.freightwaves.com/news/loadsure-transship-partner-for-one-stop-shipping

Kleinschmidt introduces new pay-as-you-go cargo insurance

Kleinschmidt introduces new pay-as-you-go cargo insurance (Photo: Jim Allen/FreightWaves)

B2B integration provider Kleinschmidt has announced it is partnering with freight insurance provider Loadsure to launch one-click, pay-as-you-go cargo insurance. Made available through FreightLaunch, Kleinschmidt’s new digital freight enablement platform, this solution will enable brokers and carriers to add comprehensive coverage to spot or contract freight in real-time. The spontaneity behind the process also accelerates claim settlements, reducing time intervals from weeks or months to just...

https://s29755.pcdn.co/news/kleinschmidt-introduces-new-pay-as-you-go-cargo-insurance